Crude Spills on Saudi’s Proposed Increase, Short-Term Top Likely

Fundamental Forecast for USOIL: Neutral Talking Points: The ONE Thing:Saudi turning on the spigots may lead to lower prices, but bullish environment remains. OPEC rhetoric is rightly center stage as oil traded notably weaker toward week’s end. Saudi Arabia’s oil minister, Ali-Falih, said he sees a ‘likely’ oil supply boost in H2 2018. Per BHI, […]

Italian Stocks Fall, Bond Yields Rise as Political Worries Increase

Italy talking points: – In Italy, the anti-establishment 5-Star movement and the anti-immigrant League now seem likely to form the next government. – That has sent 10-year Italian government bond yields to their highest for seven weeks and knocked Italian stock prices lower. Check out the IG Client Sentiment data to help you trade profitably. […]